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on the average exchange rate.
Source: Bank of Russia.
PRICES FOR GOODS AND SERVICES CHARACTERISED BY HIGH AND LOW SENSITIVITY TO EXCHANGE RATE Chart A-28
402
23.09.2024
currency) per month. The amounts of transfers are calculated at the official exchange rate of foreign currencies against the ruble as of the date when
forecast of
the ruble exchange rate (after the 2022 survey). Financially competent households make
better forecasts of the ruble exchange rate and have a less
is going to happen to the exchange rate of the ruble over the next
Assessment two years? The exchange rate… [‘it is likely to hold
405
17.09.2024
the perception of macroeconomic trends, such as estimates of past inflation, ruble exchange rate movements and deposit rates, becomes more accurate. The relationship with retirement
Exchange Rate of US Dollar Against Ruble*.......................................................................................................... 68
3.2.2. Official Exchange Rate of Euro Against Ruble*.................................................................................................................. 70
3.2.3. Official Exchange Rate:
welfare channel), and the ruble exchange rate (the foreign exchange channel).1
Through any of these channels, higher market rates constrain demand and inflation, while
408
13.09.2024
is about the exchange rate. While previously the impact of the Bank of Russia’s key rate decisions on the ruble exchange rate was noticeable,
the exchange rate on price rises remains neutral. The median of price
growth in goods and services highly sensitive to the ruble exchange rate has
410
06.09.2024
VKontakte Telegram Макс
As of the end of the month, the ruble exchange rate returned to the levels of early June 2024. By the end